28 February 2005
28 February 2005
Interplastic Corporation, AOC, Reichhold and Ashland have made resin price increases which will take effect in March and April.
Interplastic Corporation’s thermoset resins division are raising the prices of Corezyn and Silmar brand products. Vinyl ester, polyester, specialty resins, gel coats, colorants, and putties will be increased $0.04 per pound. The increase will apply to shipments on or after March 19, 2005.
AOC will increase prices by US $0.04 per pound on all resin and gel coat products sold in the United States and Canada shipped on or after March 15, 2005. This is in addition to the increase effective January 1, 2005.
Ashland Composite Polymers is increasing the price of its epoxy vinyl ester resins (Derakane, Derakane Momentum and Hetron Products) sold in Europe, the Middle East and Africa by 150 euros per metric ton. This price increase will be effective April 1, 2005, and it is driven by a continuing and relentless escalation of raw material and energy costs.
Reichhold have increased prices by $ 0.04 per pound on all unsaturated polyester resins sold in the United States and Canada, effective for orders shipped on or after March 21.
“Key unsaturated polyester raw materials continue to increase following the rapid and dramatic changes we saw in 2004,” said Bill Schramm, North American business director for Reichhold’s composites business.
“The industry supply of maleic anhydride remains tight due to a recent shutdown of one supplier,” he explained. “Furthermore, benzene prices have continued to escalate, with a direct effect on the price of styrene, a key unsaturated polyester raw material. “In addition to our raw material costs, continued high costs for natural gas are driving producers’ manufacturing costs up.”
One of the most respected and successful names in motorsport is working with lightweighting and materials researchers at the AMRC to advance its processes for manufacturing recyclable composite components that extend useful lifetimes and reduce tooling costs.
Kordsa, operating in tire, construction reinforcement and composites technologies market with its mission ‘We Reinforce Life’, has launched a new campaign with the slogan ‘Inspired from life, we reinforce life’.
Chomarat is developing its Coatings & Films business at its French sites. The Group has just acquired an extruder and a graining line to increase its production capacities and develop new, more efficient solutions, particularly in the field of TPO (polyolefin thermoplastics).